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Victoria PLC (GB:VCP)
LSE:VCP
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Victoria (VCP) AI Stock Analysis

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GB:VCP

Victoria

(LSE:VCP)

Rating:58Neutral
Price Target:
94.00p
▲(4.44% Upside)
Victoria's overall stock score is primarily impacted by its poor financial performance and valuation metrics, which are offset by positive technical indicators and strategic corporate events. The company's successful refinancing efforts provide some optimism for future stability, but significant financial challenges remain.

Victoria (VCP) vs. iShares MSCI United Kingdom ETF (EWC)

Victoria Business Overview & Revenue Model

Company DescriptionVictoria PLC, together with its subsidiaries, designs, manufactures, and distributes flooring products primarily in the United Kingdom, Spain, Italy, the Netherlands, Belgium, Turkey, the United States, and Australia. The company operates through four segments: UK & Europe Soft Flooring, UK & Europe Ceramic Tiles, Australia, and North America. It offers a range of wool and synthetic broadloom carpets, ceramic and porcelain tiles, flooring underlays, luxury vinyl tiles (LVT), hardwood flooring products, artificial grass, carpet tiles, and flooring accessories, as well as markets and distributes LVT and hardwood flooring products. The company also offers logistics services. It provides its products under various brands. The company was founded in 1895 and is headquartered in Kidderminster, the United Kingdom.
How the Company Makes MoneyVictoria generates revenue primarily through the sale of its flooring products to various market segments, including residential, commercial, and industrial customers. The company's revenue model is diversified, with key revenue streams coming from direct sales to retailers, wholesalers, and contractors, as well as through e-commerce platforms. Additionally, VCP benefits from strategic partnerships with major home improvement retailers and construction firms, which help to widen its distribution reach. The company also invests in marketing and brand development to strengthen customer loyalty and drive sales growth.

Victoria Financial Statement Overview

Summary
Victoria faces significant financial challenges, evidenced by declining revenues, negative profitability, and high leverage. The balance sheet reflects financial instability with negative equity, while cash flow issues highlight potential liquidity constraints. These factors collectively suggest a need for strategic improvements to stabilize the financial position.
Income Statement
45
Neutral
The company's revenue has declined in the recent year, with a negative net income indicating a lack of profitability. The gross profit margin is moderate, but the negative EBIT margin and net profit margin suggest operational inefficiencies. The revenue growth rate has been inconsistent, with recent declines posing a risk to financial stability.
Balance Sheet
30
Negative
The balance sheet shows a high debt-to-equity ratio, indicating significant leverage and potential financial risk. Stockholders' equity is negative, reflecting financial instability and potential liquidity issues. The equity ratio is also unfavorable, highlighting concerns about the company's ability to cover its obligations with its assets.
Cash Flow
40
Negative
Cash flow analysis reveals a negative free cash flow, which poses a challenge for sustaining operations without external financing. The operating cash flow to net income ratio is not applicable due to negative net income, further emphasizing cash flow constraints.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue1.19B1.12B1.27B1.48B1.02B662.30M
Gross Profit345.50M336.10M390.80M402.30M324.60M208.10M
EBITDA-111.70M-100.90M66.90M91.90M142.60M124.60M
Net Income-258.10M-264.40M-108.00M-91.80M-12.40M2.80M
Balance Sheet
Total Assets1.46B1.33B1.63B1.87B1.64B1.35B
Cash, Cash Equivalents and Short-Term Investments92.90M77.60M94.80M93.30M273.60M348.80M
Total Debt1.22B975.50M934.80M1.20B984.70M834.80M
Total Liabilities1.64B1.60B1.65B1.75B1.44B1.15B
Stockholders Equity-180.20M-273.10M-22.20M119.00M202.60M208.20M
Cash Flow
Free Cash Flow-32.10M-79.40M-7.30M-10.50M14.80M29.00M
Operating Cash Flow32.50M-2.20M55.20M89.10M68.10M57.50M
Investing Cash Flow-3.70M-32.00M-38.10M-218.60M-188.60M-45.70M
Financing Cash Flow-36.50M16.90M-17.90M-41.10M30.40M163.00M

Victoria Technical Analysis

Technical Analysis Sentiment
Positive
Last Price90.00
Price Trends
50DMA
74.67
Positive
100DMA
77.14
Positive
200DMA
83.76
Positive
Market Momentum
MACD
5.64
Negative
RSI
58.51
Neutral
STOCH
43.04
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:VCP, the sentiment is Positive. The current price of 90 is above the 20-day moving average (MA) of 81.12, above the 50-day MA of 74.67, and above the 200-day MA of 83.76, indicating a bullish trend. The MACD of 5.64 indicates Negative momentum. The RSI at 58.51 is Neutral, neither overbought nor oversold. The STOCH value of 43.04 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:VCP.

Victoria Peers Comparison

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
£49.79M7.8419.42%0.50%2.96%9.77%
68
Neutral
£65.93M84.381.96%1.47%7.35%-11.43%
61
Neutral
$17.43B9.31-9.62%3.22%1.76%-20.41%
60
Neutral
£37.51M6.71-19.63%2.88%-7.59%-285.33%
58
Neutral
£103.25M486.49%-12.17%-145.41%
£46.19M7.2610.50%13.39%
46
Neutral
£63.90M-12.15%6.45%-9.66%-425.03%
* Consumer Cyclical Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:VCP
Victoria
90.00
-80.00
-47.06%
GB:CHH
Churchill China
420.00
-663.36
-61.23%
GB:CFX
Colefax
850.00
-9.32
-1.08%
GB:HEAD
Headlam
79.60
-64.40
-44.72%
GB:SDG
Sanderson Design Group PLC
52.00
-31.22
-37.52%
GB:LIKE
Likewise Group Plc
27.00
8.84
48.68%

Victoria Corporate Events

Private Placements and FinancingBusiness Operations and Strategy
Victoria PLC Secures High Consent for 2026 Notes Amendments
Positive
Aug 8, 2025

Victoria PLC announced the successful early tender results of its 90% Consent Solicitation for the 2026 Notes, achieving approximately 97.3% consent from eligible holders. This allows the company to implement proposed amendments, including reducing the interest rate to 1.00% per annum and extending the maturity date to 2031, which could impact the company’s financial strategy and obligations.

The most recent analyst rating on (GB:VCP) stock is a Buy with a £170.00 price target. To see the full list of analyst forecasts on Victoria stock, see the GB:VCP Stock Forecast page.

Private Placements and FinancingBusiness Operations and Strategy
Victoria PLC Secures Noteholder Support for Debt Maturity Extension
Positive
Aug 8, 2025

Victoria PLC has successfully extended the maturity of 97.3% of its 2026 senior secured notes to 2029, following strong support from noteholders. This extension is part of a broader refinancing strategy that enhances the company’s liquidity, operational flexibility, and cash flow, while also providing a long-term solution to its capital structure without diluting equity holders. The move is expected to bolster Victoria’s strategic growth plans and provide confidence to stakeholders.

The most recent analyst rating on (GB:VCP) stock is a Buy with a £170.00 price target. To see the full list of analyst forecasts on Victoria stock, see the GB:VCP Stock Forecast page.

Regulatory Filings and Compliance
Victoria PLC Announces Exercise of LTIP Share Options
Neutral
Aug 4, 2025

Victoria PLC announced the exercise of options over 142,000 ordinary shares under its 2020 Long Term Incentive Plan by certain employees, excluding directors or managerial personnel. The company transferred these shares from treasury, leaving 10,739,391 shares in treasury and 114,725,276 shares in issue. This update is relevant for shareholders for calculating their interests under FCA’s rules.

The most recent analyst rating on (GB:VCP) stock is a Buy with a £170.00 price target. To see the full list of analyst forecasts on Victoria stock, see the GB:VCP Stock Forecast page.

Shareholder MeetingsBusiness Operations and Strategy
Victoria PLC Announces Annual General Meeting for September 2025
Neutral
Aug 1, 2025

Victoria PLC has announced the posting of the notice for its Annual General Meeting (AGM), scheduled to be held on 5 September 2025 in London. This meeting is a significant event for stakeholders as it reflects the company’s ongoing commitment to shareholder engagement and transparency. Victoria’s strategy focuses on increasing earnings and cash flow through acquisitions and sustainable growth, which is crucial for maintaining its market leadership in the flooring industry.

The most recent analyst rating on (GB:VCP) stock is a Buy with a £170.00 price target. To see the full list of analyst forecasts on Victoria stock, see the GB:VCP Stock Forecast page.

Private Placements and FinancingBusiness Operations and Strategy
Victoria PLC Secures Majority Consent for Indenture Amendments
Positive
Jul 31, 2025

Victoria PLC announced the successful conclusion of its Majority Consent Solicitation, achieving approximately 78% consent from noteholders to amend the indenture for its existing secured notes. These amendments, which include the removal of certain covenants and defaults, aim to streamline the company’s financial operations and enhance flexibility, potentially impacting stakeholders by altering the terms under which the notes operate.

The most recent analyst rating on (GB:VCP) stock is a Buy with a £170.00 price target. To see the full list of analyst forecasts on Victoria stock, see the GB:VCP Stock Forecast page.

Private Placements and FinancingBusiness Operations and Strategy
Victoria PLC Secures Long-term Stability with Note Refinancing
Positive
Jul 24, 2025

Victoria PLC has announced the refinancing of its 2026 Senior Secured Notes, extending their maturity to 2029, with support from over 90% of noteholders. This strategic move enhances the company’s liquidity and operational flexibility, enabling it to focus on cost-saving and growth initiatives without diluting equity holders. The refinancing strengthens Victoria’s capital structure, ensuring long-term confidence among stakeholders and positioning the company for future success in a volatile market.

The most recent analyst rating on (GB:VCP) stock is a Buy with a £170.00 price target. To see the full list of analyst forecasts on Victoria stock, see the GB:VCP Stock Forecast page.

Private Placements and FinancingBusiness Operations and Strategy
Victoria PLC Launches Consent Solicitations and Exchange Offer for Debt Refinancing
Neutral
Jul 24, 2025

Victoria PLC, a company incorporated under the laws of England and Wales, has initiated concurrent consent solicitations and an exchange offer as part of a refinancing transaction. This move involves soliciting consents from holders of its senior secured notes due in 2026 and 2028 to amend existing indentures and exchange notes for new ones. The transaction aims to secure favorable terms and extend the maturity of its debt, potentially impacting the company’s financial structure and stakeholder interests.

The most recent analyst rating on (GB:VCP) stock is a Buy with a £170.00 price target. To see the full list of analyst forecasts on Victoria stock, see the GB:VCP Stock Forecast page.

Executive/Board ChangesBusiness Operations and Strategy
Victoria PLC Announces Board Change with New CFO Appointment
Neutral
Jul 24, 2025

Victoria PLC has announced a change in its board, with Brian Morgan departing and Alec Pratt stepping in as the new Chief Financial Officer. This transition is part of a previously announced plan, and the company expresses gratitude to Brian Morgan for ensuring a smooth handover. The change is expected to support Victoria’s ongoing strategy of enhancing shareholder value through acquisitions and sustainable growth.

The most recent analyst rating on (GB:VCP) stock is a Buy with a £170.00 price target. To see the full list of analyst forecasts on Victoria stock, see the GB:VCP Stock Forecast page.

Executive/Board ChangesPrivate Placements and FinancingBusiness Operations and StrategyFinancial Disclosures
Victoria PLC Reports Stable Earnings Amid Strategic Refinancing and Cost Initiatives
Positive
Jul 24, 2025

Victoria PLC has announced its annual results for the year ending March 2025, revealing that revenue and earnings were in line with market expectations despite macroeconomic challenges. The company has undertaken significant refinancing efforts to extend the maturity of its debt, providing a stable financial runway to execute cost-saving initiatives and improve margins. Management’s proactive measures, including cost-saving projects and operational improvements, are expected to enhance performance in FY2026. The company is also strengthening its governance by appointing a new independent non-executive director. Despite challenging market conditions, Victoria remains optimistic about a medium-term recovery in demand and pricing.

The most recent analyst rating on (GB:VCP) stock is a Buy with a £170.00 price target. To see the full list of analyst forecasts on Victoria stock, see the GB:VCP Stock Forecast page.

Private Placements and FinancingBusiness Operations and Strategy
Victoria PLC Secures £130m Super Senior Facility to Strengthen Financial Position
Positive
Jun 30, 2025

Victoria PLC has announced a new £130 million Super Senior Facility to replace its existing Super Senior Revolving Credit Facility, marking a significant step in strengthening its financial position and addressing near-term debt maturities. This facility, which combines term loan and revolving credit elements, offers enhanced flexibility with no maintenance covenants or drawing restrictions, positioning Victoria to meet its future operational and financial objectives. The company is also making progress on refinancing its Senior Secured Notes, with discussions advancing positively. This new financing agreement is a key milestone in Victoria’s strategy to enhance shareholder value.

The most recent analyst rating on (GB:VCP) stock is a Buy with a £170.00 price target. To see the full list of analyst forecasts on Victoria stock, see the GB:VCP Stock Forecast page.

Business Operations and StrategyRegulatory Filings and Compliance
Victoria PLC Sees Increase in Major Holdings by Morgan Stanley
Neutral
May 12, 2025

Victoria PLC has announced a change in its major holdings, with Morgan Stanley Investment Management Inc. increasing its voting rights to 14.075092%. This acquisition reflects a slight increase from the previous position of 13.915626%. The transaction highlights Morgan Stanley’s growing influence in Victoria PLC, potentially impacting the company’s strategic decisions and signaling confidence in its market performance.

The most recent analyst rating on (GB:VCP) stock is a Buy with a £300.00 price target. To see the full list of analyst forecasts on Victoria stock, see the GB:VCP Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Aug 08, 2025